Siddhika Coatings Dividend
Dividend criteria checks 3/6
Siddhika Coatings is a dividend paying company with a current yield of 1.1% that is well covered by earnings.
Key information
1.1%
Dividend yield
20%
Payout ratio
Industry average yield | 0.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹16.29 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SIDDHIKA has been paying a dividend for less than 10 years.
Growing Dividend: SIDDHIKA's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Siddhika Coatings Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (SIDDHIKA) | 1.1% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.1% |
Industry Average (Trade Distributors) | 0.1% |
Analyst forecast in 3 Years (SIDDHIKA) | n/a |
Notable Dividend: SIDDHIKA's dividend (1.1%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: SIDDHIKA's dividend (1.1%) is low compared to the top 25% of dividend payers in the Indian market (1.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.3%), SIDDHIKA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.2%), SIDDHIKA's dividend payments are well covered by cash flows.